Management Accounting (BRH110)
Management accounting is an introduction course for bachelor students. Topics covered are:
- Role of management functions
- Classification of costs
- Absorption costing and marginal costing
- Process costing
- Short term decision making
- Relevant costs, pricing, and decisions under uncertainty
- Budgeting
- Business strategy and management accounting
- Sustainability
Course description for study year 2024-2025
Facts
Course code
BRH110
Version
1
Credits (ECTS)
10
Semester tution start
Spring
Number of semesters
1
Exam semester
Spring
Language of instruction
Norwegian
Time table
Content
In any organization there is a need for economic management in more or lessdegree.The course provides students with a basic understanding of how to use economic models within different organizations to make decisions that increase economic benefit for the organization.
Learning outcome
After completing the course students are expected to have
Knowledge:
- Have knowledge of various forms of competition and optimal economic adjustment under the various forms of competition.
- Have knowledge of management accounting
- Have knowledge of economic decision models
- Have knowledge of budget models
Skills:
- Have skills in setting up management accounts and associated analysis models
- Have skills in setting up cost and profit models
General competence:
- After completing this course should possess basic knowledge of financial management by service companies. Furthermore, one should be able to exchange views and experiences with economists, which is especially important in large corporations with centralized management functions.
Required prerequisite knowledge
None
Exam
Midterm gropu exam and Home exam
| Form of assessment | Weight | Duration | Marks | Aid |
|---|---|---|---|---|
| Home exams | 7/10 | 7 Hours | Letter grades | |
| Midterm group exam | 3/10 | 1 Weeks | Letter grades |
Course teacher(s)
Course coordinator:
Terje HeskestadCourse coordinator:
Trude FurunesMethod of work
Lectures and group work.
Overlapping courses
| Course | Reduction (SP) |
|---|---|
| Management Accounting (BHO150_2) | 10 |
Open for
Course assessment
There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.
